This comes after Chancellor Jeremy Hunt proposed a vape tax in this year’s Spring Budget. The vape tax, due to hit the UK in October 2026, will consist of three rates for every 10ml E-liquid sold on top of the current 20% VAT in an attempt to tackle underage vaping and prevent non-smokers from taking […]
vape tax
Hunt Proposes New Tax to Hit Vapes in Budget 2024
In this week’s Budget (March 6th), the government is planning on introducing a new vape tax. Ministers fear that the relatively cheap cost of vaping means that the products are more accessible for young people and non-smokers. To ensure that vaping remains cheaper, they may also increase the tobacco duty. It comes after the consultation […]